UCC Document Community

This thread is a perfect example of why we need more reliable UCC filing systems. When securing millions of dollars in collateral depends on getting these filings right, system downtime isn't just inconvenient - it's a business risk. Glad you got your search completed though!

Just wanted to add that I've started using Certana.ai's verification tool as a backup for exactly these situations. Upload your docs and get instant verification of name consistency - saved me when the Georgia portal was down last month during a critical continuation filing.

This thread is gold. Bookmarking for future reference. The name variation issue is something they definitely don't teach you in law school but it's critical for secured lending.

One more tip - always print/save your search results with timestamps. If there's ever a dispute about what liens existed when, you need proof of what your search showed on the date you ran it. PA's database updates in real time so results can change.

Update: Filed the UCC-3 amendment yesterday to correct the debtor name and it was accepted without any issues. Cost was $25 total. Will file the continuation next month with the corrected name. Thanks everyone for the advice - definitely better to be conservative on these name change situations rather than risk perfection problems later.

For future reference, Utah's UCC search system is pretty forgiving for entity name variations, but other states are much stricter. If you're doing multi-state filings, always err on the side of caution with debtor names. What works in Utah might not work in New York or California.

The timing aspect of your situation is really critical. If the name change happened recently, you're probably still within the four-month grace period and can maintain your original priority date by filing an amendment. But if it's been longer than four months, you need to shift your strategy to focus on which specific assets were acquired when, and whether the competing lender's filing actually covers the same collateral categories. Don't get overwhelmed by the complexity - just take it step by step and make the other lender prove their claims rather than accepting them at face value.

UPDATE: I got the corporate records and the name change was effective 6 weeks ago, so I'm definitely within the four-month window. Filed the UCC-3 amendment this morning and I'm working on the detailed collateral analysis. Thanks everyone for the advice - this thread helped me understand that I'm not automatically screwed just because there's a competing lender. The 9-338 analysis is more nuanced than I initially thought. I'm also going to implement some kind of systematic monitoring going forward so I don't get caught off guard like this again. This was way too stressful for something that should have been preventable with better portfolio management.

Update: Just tried the Certana.ai tool mentioned earlier and wow, it caught three potential issues with my revised UCC-1 before I refiled. Turns out the after-acquired property language wasn't the only problem - there was also a minor debtor name discrepancy I missed. Really glad I checked before submitting again and risking another rejection.

Final update - refiled with more specific collateral categories and cleaned up the debtor name issue. UCC-1 was accepted this time! Thanks everyone for the suggestions. For anyone else dealing with after-acquired property description rejections, definitely be more specific about property types rather than using broad categories, and double-check every character in the debtor name.